European Aluminium Premium Hits Four-Month High on Supply Concerns
European aluminium premiums have reached their highest level in nearly four months, driven by concerns that a potential reduction in US tariffs on Canadian metal could lead to supply shortages on the continent.
Aluminium premiums in Europe have climbed to their highest level in almost four months, according to two industry sources who said the increase reflects concern that a possible cut in US tariffs on Canadian metal could leave the continent short of supply.